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02/22/2021
Global stock markets and U.S. futures are mostly lower this morning amid worries over rising long-term bond rates, as investors and traders continue to look forward to the recovery from the COVID-19 pandemic. Healthcare workers in Japan finally received their first dose of Pfizer’s COVID-19 vaccine last week. While further […]
02/19/2021
Wall Street snapped a three-session slide after rebounding with the blue chips setting another all-time intraday high — and more in Friday’s stock market recap. Better-than-expected housing numbers supported the bullish sentiment along with the potential for another stimulus package and the Federal Reserve’s tolerance of higher inflation. Stock Market […]
02/19/2021
I’m back with another “Chart Check,” this time focusing on something the WallStreetBets Reddit traders have been talking about, and that’s a short squeeze in the price of silver. Chart Check is a new segment idea I’m putting into the rotation along with my “Mailbag,” where I answer your questions. […]
02/19/2021
When the COVID-19 pandemic first hit last March, the Centers for Medicare & Medicaid Services (CMS) restricted tons of elective and nonessential procedures in all hospitals. It was obviously done to save essential resources to treat COVID-19 patients, which has been the top priority over the past 12 months. But […]
02/19/2021
Global stock markets and U.S. futures are slightly higher this morning despite Thursday’s negative U.S. jobless claims report and poor economic data. The Labor Department reported Thursday that first-time filings for unemployment benefits reached 861,000 last week, instead of the 768,000 originally expected. That’s almost as many people applying for […]
02/18/2021
Wall Street was weak throughout following a disappointing jobs report, underscoring the incomplete economic recovery amid the ongoing pandemic — and more in Thursday’s stock market recap. Additionally, Treasury yields also weighed on sentiment after ticking higher as the benchmark 10-year yield hovered around the one-year high of 1.31%. Stock […]
02/18/2021
As I write this, Keith Gill — better known as “Roaring Kitty” on YouTube and “DeepF***ingValue” on Reddit’s WallStreetBets forum — is testifying before the House of Representatives. And man, he was not mincing words as he kicked off his prepared testimony. Here are some of my favorite lines so […]
02/18/2021
3D printers took the world by storm in 2012… The fad soon fizzled out and didn’t really go anywhere special to say the least. But fast forward nine years and it looks like these 3D printing stocks for 2021 are turning red-hot yet again and finally starting to print some […]
02/18/2021
If you’re looking for investment opportunities that will arise due to the extreme weather we’re seeing in parts of the country, there’s a key way to play it: home generator stocks. The awful situation in Texas, with big swaths of the power grid knocked out, has generators flying off the […]